Question
A recreational vehicle costs $80,000. A customer pays 10% down and finances the rest with equal monthly payments at the end of each month over
A recreational vehicle costs $80,000. A customer pays 10% down and finances the rest with equal monthly payments at the end of each month over a 7-year period at a rate of 9.25% compounded monthly. What will be the monthly payment?
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The Commercial Aircraft Finance Handbook
Authors: Ronald Scheinberg
1st Edition
1781372608, 978-1781372609
